The analysis to everything Btc is doing now is in the weekly time frame.
Btc is consolidating, it will start moving up soon. I have been quiet, analysing btc to know the reason for the recent dump. And this is my findings, btc has been in correction in the weekly time frame since March and I checked previous bull cycle and found out it usually do this kind of corrections after a big rally. The correction has been concluded, btc is now consolidating, in few days time, it will start moving up and there will be no more reason why it will go down again. I have another explanation to what is happening now which I will post next. I compared this bull cycle with the previous bull cycles and my findings also show that there will be no more dumps. I will post the analysis in my next post.